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Perhaps regulation costs are cutting into slots providers¡¯ and casinos¡¯ bottom lines. After all, more regulated online gaming markets exist than ever before.
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The new development, tentatively named the Firecreek Crossing Resort-Casino project, will be located on the corner of Kietzke Lane and South Virginia Street. In addition to a hotel-casino with a lobby bar, initial plans for the project include a public park, restaurants, food court and beer garden.
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¡°Illinois, Iowa, Indiana,¡± Giden said. ¡°What we look for in making near-term projections ¡­ a really important part is just that lawmakers are willing to talk about it. So when we see bills filed, that¡¯s the first indication. In Indiana, the state gaming commission ran a study on feasibility. These sort of tangible actions are pretty good signs. And what we look for on top of that is any evolution in major sticking points. For instance, Iowa¡¯s major sticking point is the national casino operators are onboard but local operators are not yet convinced.¡±
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But panelists at the conference predicted three or four additional states could soon adopt internet gambling, including Indiana, Illinois, Iowa and New York.